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QUESTION 9 The accounts receivable subsidiary ledger is not effected by the write-off of individual accounts. is only kept by companies that use the allowance
QUESTION 9
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The accounts receivable subsidiary ledger
is not effected by the write-off of individual accounts.
is only kept by companies that use the allowance method of estimating bad debts.
is kept for both the "Accounts Receivable" and the "Allowance for Uncollectible Accounts" accounts.
provides the supporting detail (i.e., individual customer names and amounts owed) for the general ledger account "Accounts Receivable."
All of the above are true statements.
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